What is Social Security?

1 SSIWhat is Social Security? Social Security was created to promote the economic security of the nation s people1930s Great DepressionAmerica facing theworst economic crisisof modern timesAugust 14, 1935 President Roosevelt signsSocial Security Act as partof the New DealDesigned to pay retired workers age 65 or older a continuing income after insurance for families of a deceased worker1956 disability insurance for disabled workers and their family members1965 Medicare providing health insurance for our beneficiaries 1972 Supplemental Security Income needs-based program funded by the Treasury general fund to provide payments to people with limited income and resources who are age 65 or older, blind.

2 Or disabled. Children with disabilities can get SSI, do we serve?1 in 5 Americans currently receive aSocial Security benefit1/3 are Disabled,Dependents,or Survivors+63million beneficiaries+47 million retired workers and dependents+10 million disabled workers and dependents~6 million survivors ofdeceased workersThe most successful anti-poverty program in our country s Security Administration | Publication No. 05-10230 April 2019 | Produced at taxpayer expens